A.B EIENDOM AS: årsregnskap 2012 vs 2011
Grew 99900% on revenue, weaker earnings, cash halved-plus
approved 2013-09-30; registry 2013-10-09; journal 2013 837094
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.B EIENDOM AS. Revenue 264 NOK → 264.0k NOK (+99900.0%). Net result -25.7k NOK → -192.1k NOK. Equity 30.0k NOK → -162.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.B EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 264 NOK to 264.0k NOK (+99900.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +195.4k NOK → +185.9k NOK (op. margin 74009.8% → 70.4%). Calculated
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↓
Net result weakened
Net result -25.7k NOK → -192.1k NOK (net margin -9747.3% → -72.8%). Calculated
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↓
Equity eroded
Book equity 30.0k NOK → -162.1k NOK (equity ratio 0.3% → -1.4%). Calculated
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↓
Cash fell
Bank deposits 146.9k NOK → 58.5k NOK (-60.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 9 084 NOK → 9.08m NOK. Reported fact